The £234m abrdn European Logistics Income (AELI) trust has launched a strategic review, due to its “significant and persistent discount”.
The trust, which launched six years ago, said in a stock exchange notice today (27 November) that a combination of its high discount and small size had pushed it to consider all options, including pursuing a consolidation, merger, or sale of the trust and its assets. "The company remains of a size which might deter some potential investors due to lower share liquidity and a higher relative cost base," it explained. abrdn CEO blocked from selling investment management business by board Additionally, the trust's annual target dividend of 5.64 cents (€) per share remains "materially u...
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